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Nagpur Real Estate To Get A Quick Ride On MetroWhen compared to Pune and Mumbai, rates of property in Nagpur is quite affordable, and range between Rs 2,500-6,000 per sqft. The planned Metro connectivity will ensure smooth commute from the commercial city centre of Sitabuldi to all the four corners of the city.
Delhi Grapples Amid Redevelopment, Pollution; EnviroA recent decision by the Delhi government, where the Forest Department had allowed the felling of about 17,000 full-grown trees as part of the redevelopment of central government housing projects in south Delhi, has sparked protests from citizens, activists and environmentalists. Although the Ministry of Housing and Urban Affairs (MoHUA) has stated that ‘compensatory plantation’ of trees is being carried out in a ratio of 1:10, many environmentalists are not convinced as the saplings planted at a different location cannot substitute the huge tree cover which would be cleared away.
Mumbai May Soon Try Out Odd-Even ParkingThe traffic police department of Mumbai may soon launch the ‘odd-even parking system’ on a pilot basis in Kalbadevi market area in south Mumbai, aimed at solving parking problems and road congestion. Implemented in world cities such as New York, under the odd-even parking system the vehicle has to be parked on either side of the road depending on whether it is an odd-numbered or an even-numbered day of the month.
Ferry Your Way From Thane To South MumbaiTo decongest Mumbai roads and bring down the travel time between key areas of the city, the Maharashtra government is planning to start inland water transport that would connect areas across Mumbai Metropolitan Region. While Phase-I of the water transport project will get operational by December, a detailed project report is being prepared for Phase-II. Here is all you need to know about the project.
Maftlal Group’s Scion Buys SoBo Apartment Worth Rs 8Vishad P Mafatlal, managing director, Mafatlal Denims has purchased a luxury duplex apartment in Lodha Group’s Altamount towers. Located at Altamount Road in south Mumbai, the apartment has been purchased for Rs 89 crore while Rs 4.45 crore has been given as stamp duty. The bare-shell apartment is spread in an area of 10,000 sqft and sits on the 10th and 11th floor of the tower. Here’s all you need to know about the apartment and the project.